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Canacol Energy Ltd T.CNE

Alternate Symbol(s):  CNNEF

Canacol Energy Ltd. is a Canada-based natural gas exploration and production company with operations focused on Colombia. The Company’s production primarily consists of natural gas from the Esperanza, VIM-5 and VIM-21 blocks located in the Lower Magdalena Valley basin in Colombia. The Company’s production also included crude oil from its Rancho Hermoso block in Colombia (Colombia oil). It supplies approximately 17% of the country’s gas needs and more than 50% of the Caribbean Coast’s gas demand. Its gas fields which produce from the Cienaga de Oro and Porquero proven reservoirs are connected to its central Jobo gas processing and treatment facility through more than 169 kilometers of flow lines, mainly flexible steel flow lines. It operates over 1.5 million net acres in 14 exploration and production contracts in Colombia, with 11 of these contracts focused on exploring for and developing natural gas. These blocks are all located in the Lower & Middle Magdalena Basins of Colombia.


TSX:CNE - Post by User

Bullboard Posts
Comment by gnperrason May 10, 2019 11:32am
125 Views
Post# 29734388

RE:RE:The real numbers behind CNE revealed

RE:RE:The real numbers behind CNE revealed Finally someone sees the light with this clown Gamba, over promise under deliver and continuously adding more debt....

Add in the 44 million votes against the independant chairman and it adds to the clown show... you will be waiting along time for your promised divy.....

Same story every year, now you know why most investment funds won't touch this with a ten foot pole...

Of course as always....JMHO 
Bullboard Posts